NYC’s landscape is changing. Here’s how

New York | February 5, 2018

New York City is the hot bed for real estate projects and deals. Everyone wants to buy and sell houses in the city. Foreign investors are eye key spots and major projects that are reaching completion. With an already exciting landscape, the city is bursting with energy as new building are popping up.

While the city has been seeing epic sales of commercial and residential properties, a progressive push in making changes to the public transit system, new architectural feats and landmark building projects, everyone’s waiting to see how these changes will transform the landscape of the city. We’ve put together findings on what to expect.

Opening of megaprojects

NY Curbed reports tell us to expect the following projects to open doors. These are all multi-million dollar projects and some of the most tallest too.

A revamped Brooklyn Navy Yard

According to reports from The Real Deal, the Brooklyn Navy Yard will undergo a $2.5 billion development plan. It will have an additional 5.1 million square feet of space to the Tech Triangle site. This new project will cover 24.5 acres of the 300-acre property.

Transportation

The city saw a disturbing transit situation in the last year. But there’s lots of action this year to make things better. According to NY Curbed, $ 836 million has been allotted towards an emergency plan to address long term and immediate transportation issues with the subway.

Fixing of signals, maintenance, cleaning the tacks, and increasing the number of cars on trains are part of the plan. One of the bigger things to look forward to is the L train shutting down. On the other hand, there are plans to improve bike infrastructure by creating protected bike lanes in some parts of the city.